HARRISONBURG Investment Analysis

Investment Property in HARRISONBURG, VA

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Insights

HARRISONBURG, VA Real Estate Investment Performance

PROPERTY SALE PRICE

$291,825

Median

1,976

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

2.00%

Airbnb

RENTAL INCOME

$ 1,977

Traditional

$ 1,601

Airbnb

RENTAL INCOME

$ 1,977

Traditional

$ 1,601

Airbnb

NUMBER OF PROPERTIES

146

Investment

794

Airbnb

14

Traditional

35%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

80

Number of homes sold

14

Median days on market

99%

Average sale-to-list price ratio

10%

Percentage of listings with price drops

146

Active listings count

110

New listings count

1.3

Months of supply

HARRISONBURG, VA Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,230	$ 1,388	$ 1,687	$ 2,027
Traditional	$ 1,212	$ 1,570	$ 2,130	$ 2,498

Airbnb

1 ROOM	$ 1,230
2 ROOMS	$ 1,388
3 ROOMS	$ 1,687
4 ROOMS	$ 2,027

Traditional

1 ROOM	$ 1,212
2 ROOMS	$ 1,570
3 ROOMS	$ 2,130
4 ROOMS	$ 2,498

Predict Short-Term Rental Revenue

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Investment Properties for Sale in HARRISONBURG, VA

$239,900

MLS 682925

874 JEFFERSON ST, HARRISONBURG, VA 22802

Collicello Corridor

Other

3 beds 1 baths 960 sq.ft.

CAP RATE Trad. 4.61% Airbnb 4.99%

Analyze Property

$255,000

MLS 683224

1362 BRADLEY DR, HARRISONBURG, VA 22801

Pheasant Acres

Townhouse

4 beds 2 baths 1,352 sq.ft.

CAP RATE Trad. 6.06% Airbnb 4.49%

Analyze Property

$249,900

MLS 682718

1425 COUNTRY CLUB CT, HARRISONBURG, VA 22802

Reherd Acres

Townhouse

4 beds 3 baths 1,920 sq.ft.

CAP RATE Trad. 7.98% Airbnb 4.25%

Analyze Property

$249,900

MLS 683459

15 VILLAGE SQ, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 3 baths 1,408 sq.ft.

CAP RATE Trad. 5.75% Airbnb 4.25%

Analyze Property

$289,900

MLS 680128

1338 OLD WINDMILL CIR, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 3 baths 1,412 sq.ft.

CAP RATE Trad. 4.77% Airbnb 3.52%

Analyze Property

$350,000

MLS 683860

880 PARKWOOD DR, HARRISONBURG, VA 22802

Park View

Other

3 beds 3 baths 2,537 sq.ft.

CAP RATE Trad. 6.68% Airbnb 3.25%

Analyze Property

$320,000

MLS 683862

850 PARKWOOD DR, HARRISONBURG, VA 22802

Park View

Other

3 beds 2 baths 1,479 sq.ft.

CAP RATE Trad. 3.95% Airbnb 2.97%

Analyze Property

$249,000

MLS 683422

645 STONEWALL DR, HARRISONBURG, VA 22801

Devon Lane

Townhouse

3 beds 2 baths 1,200 sq.ft.

CAP RATE Trad. 5.23% Airbnb 2.75%

Analyze Property

Condos for Sale in HARRISONBURG, VA

$222,500

MLS 683362

1290 CONSTITUTION CT #203, HARRISONBURG, VA 22802

Reherd Acres

Condo/Coop

2 beds 2 baths 1,343 sq.ft.

CAP RATE Trad. 7.07% Airbnb 2.33%

Analyze Property

$239,900

MLS 681292

1396 HUNTERS RD #J, HARRISONBURG, VA 22801

Pheasant Acres

Condo/Coop

3 beds 3 baths 982 sq.ft.

CAP RATE Trad. 4.55% Airbnb 1.94%

Analyze Property

$219,900

MLS 683885

1340 HUNTERS RD #F, HARRISONBURG, VA 22801

Pheasant Acres

Condo/Coop

2 beds 2 baths 982 sq.ft.

CAP RATE Trad. 10.98% Airbnb 1.64%

Analyze Property

$234,900

MLS 680940

1280 CONSTITUTION CT #102, HARRISONBURG, VA 22802

Reherd Acres

Condo/Coop

2 beds 2 baths 1,343 sq.ft.

CAP RATE Trad. 5.38% Airbnb 0.88%

Analyze Property

Townhouses for Sale in HARRISONBURG, VA

$255,000

MLS 683224

1362 BRADLEY DR, HARRISONBURG, VA 22801

Pheasant Acres

Townhouse

4 beds 2 baths 1,352 sq.ft.

CAP RATE Trad. 6.06% Airbnb 4.49%

Analyze Property

$249,900

MLS 682718

1425 COUNTRY CLUB CT, HARRISONBURG, VA 22802

Reherd Acres

Townhouse

4 beds 3 baths 1,920 sq.ft.

CAP RATE Trad. 7.98% Airbnb 4.25%

Analyze Property

$249,900

MLS 683459

15 VILLAGE SQ, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 3 baths 1,408 sq.ft.

CAP RATE Trad. 5.75% Airbnb 4.25%

Analyze Property

$289,900

MLS 680128

1338 OLD WINDMILL CIR, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 3 baths 1,412 sq.ft.

CAP RATE Trad. 4.77% Airbnb 3.52%

Analyze Property

$249,000

MLS 683422

645 STONEWALL DR, HARRISONBURG, VA 22801

Devon Lane

Townhouse

3 beds 2 baths 1,200 sq.ft.

CAP RATE Trad. 5.23% Airbnb 2.75%

Analyze Property

$279,000

MLS 683427

1175 ROSEDALE DR, HARRISONBURG, VA 22801

Devon Lane

Townhouse

3 beds 2 baths 1,239 sq.ft.

CAP RATE Trad. 5.19% Airbnb 2.68%

Analyze Property

$339,500

MLS 682448

1991 BUTTONWOOD CT, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 4 baths 2,260 sq.ft.

CAP RATE Trad. 5.21% Airbnb 2.65%

Analyze Property

$344,500

MLS 683045

2263 LAKE TERRACE DR, HARRISONBURG, VA 22802

Park View

Townhouse

3 beds 2 baths 1,353 sq.ft.

CAP RATE Trad. 2.48% Airbnb 2.56%

Analyze Property

Top HARRISONBURG, VA Neighborhoods - Real Estate Market Analysis

Northeast

61%

61% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.72%

Traditional

7.92%

Airbnb

RENTAL INCOME

$ 1,174

Traditional

$ 2,365

Airbnb

67%

Airbnb occupancy rate

Analyze neighborhood

Pheasant Acres

59%

59% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

4.67%

Traditional

8.30%

Airbnb

RENTAL INCOME

$ 1,367

Traditional

$ 2,155

Airbnb

61%

Airbnb occupancy rate

Analyze neighborhood

Reherd Acres

55%

55% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.58%

Traditional

5.60%

Airbnb

RENTAL INCOME

$ 1,254

Traditional

$ 2,363

Airbnb

60%

Airbnb occupancy rate

Analyze neighborhood

Devon Lane

51%

51% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.68%

Traditional

8.11%

Airbnb

RENTAL INCOME

$ 1,374

Traditional

$ 2,619

Airbnb

62%

Airbnb occupancy rate

Analyze neighborhood

Collicello Corridor

47%

47% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

3.99%

Traditional

6.56%

Airbnb

RENTAL INCOME

$ 1,179

Traditional

$ 2,202

Airbnb

66%

Airbnb occupancy rate

Analyze neighborhood

Old Town

46%

46% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

2.72%

Traditional

3.29%

Airbnb

RENTAL INCOME

$ 1,667

Traditional

$ 2,666

Airbnb

63%

Airbnb occupancy rate

Analyze neighborhood

Sunrise Heights

43%

43% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

2.82%

Traditional

4.02%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,562

Airbnb

56%

Airbnb occupancy rate

Analyze neighborhood

Central Avenue

32%

32% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

5.20%

Traditional

3.75%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,300

Airbnb

57%

Airbnb occupancy rate

Analyze neighborhood

Park View

31%

31% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

4.33%

Traditional

3.85%

Airbnb

RENTAL INCOME

$ 1,334

Traditional

$ 2,073

Airbnb

59%

Airbnb occupancy rate

Analyze neighborhood

Downtown

30%

30% Mashmeter

PROPERTY PRICE

$312,000

Median for city

CAP RATE

1.35%

Traditional

3.44%

Airbnb

RENTAL INCOME

$ 1,356

Traditional

$ 2,231

Airbnb

66%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in HARRISONBURG, VA

$90 per night Airbnb occupancy rate 59%

Apartment 2 · 1 · 4

Restful Hilltop Apartment: No cleaning fees! Harrisonburg, Virginia, United States

Rental Income: $1,628 per month

4.91

863

$104 per night Airbnb occupancy rate 62%

Apartment 2 · 1 · 4

A Place to Rest Harrisonburg, Virginia, United States

Rental Income: $1,967 per month

4.95

708

$165 per night Airbnb occupancy rate 56%

Apartment 1 · 1 · 4

Private suite close to JMU quiet neighborhood Harrisonburg, Virginia, United States

Rental Income: $2,791 per month

4.96

603

$106 per night Airbnb occupancy rate 46%

Apartment 2 · 1 · 5

New Two Bedroom Apartment in Harrisonburg Harrisonburg, Virginia, United States

Rental Income: $1,484 per month

4.96

497

$88 per night Airbnb occupancy rate 47%

Apartment 1 · 1 · 3

Private apartment in a new home close to JMU Harrisonburg, Virginia, United States

Rental Income: $1,254 per month

4.93

479

$88 per night Airbnb occupancy rate 51%

Apartment 1 · 1 · 3

One Bedroom Apartment near EMU Harrisonburg, Virginia, United States

Rental Income: $1,371 per month

4.98

440

$99 per night Airbnb occupancy rate 46%

Guest suite 2 · 1 · 4

King bed | Cozy 2BR | RokuTV | Walk to Downtown Harrisonburg, Virginia, United States

Rental Income: $1,386 per month

4.87

411

$105 per night Airbnb occupancy rate 19%

Apartment 1 · 1 · 4

1 Bed 1 Bath Apt and full kitchen-Rockingham Co. Harrisonburg, Virginia, United States

Rental Income: $604 per month

4.73

397

Real Estate Investment Analysis - Other Cities in virginia

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Virginia Beach	$460,000	3%	2%	$2,334	$2,817	1,053	37%
Manassas	$578,563	3%	2%	$3,049	$2,738	232	30%
Gloucester	$405,000	4%	4%	$2,352	$3,181	99	33%
Yorktown	$519,000	3%	3%	$2,582	$3,308	97	34%

View all virginia cities

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